Madison Rotary Foundation

Analysis

Madison Rotary Foundation is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in September 1942, 84 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Madison Rotary Foundation reported income of $1.1m and spending of $916k, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.4m to $1.1m (-22%), an average of -6.1% a year. The sharpest change came in the year to June 2022, when income rose by 63%. Over the whole period it spent 75% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Madison Rotary Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within WI. Charities of a similar size with the same main cause include Florida Institute for Workforce Innovation ($1.1m), Lee County Industries Inc ($1.1m) and South Central Minn Elec Industry Joint Apprentshp & Train Trust FD ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 50% of the total. At year end it held assets of $16.2m against liabilities of $1.3m, net assets of $14.9m.